Robert W. Baird Reiterates $47.0 TP On Methode Electronics (MEI), Reiterates Buy Rating; Ply Gem Holdings, (PGEM) Had 4 Analysts Last Week

December 8, 2017 - By Michael Collier

Among 7 analysts covering Ply Gem Holdings (NYSE:PGEM), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Ply Gem Holdings had 19 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Ply Gem Holdings, Inc (NYSE:PGEM) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, September 19. The firm has “Buy” rating given on Monday, June 19 by RBC Capital Markets. The stock of Ply Gem Holdings, Inc (NYSE:PGEM) has “Sector Weight” rating given on Tuesday, October 18 by KeyBanc Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $18.0 target in Monday, September 11 report. RBC Capital Markets maintained it with “Buy” rating and $1800 target in Tuesday, August 8 report. The stock of Ply Gem Holdings, Inc (NYSE:PGEM) has “Buy” rating given on Monday, October 16 by RBC Capital Markets. Zelman upgraded Ply Gem Holdings, Inc (NYSE:PGEM) on Tuesday, March 14 to “Buy” rating. The company was initiated on Tuesday, September 20 by RBC Capital Markets. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 24 with “Hold”. On Tuesday, November 14 the stock rating was maintained by RBC Capital Markets with “Buy”. See Ply Gem Holdings, Inc (NYSE:PGEM) latest ratings:

14/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $20.0 Maintain
07/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $19.0 Maintain
24/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
16/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $18.0 Maintain
19/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
11/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $18.0 Maintain
08/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $18.0000 Maintain
08/08/2017 Broker: JP Morgan Rating: Neutral Old Target: $20.00 New Target: $19.00 Maintain
24/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $22.0000 Maintain
19/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $22.0000 Maintain

Among 3 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Methode Electronics has $55 highest and $37 lowest target. $44’s average target is 6.28% above currents $41.4 stock price. Methode Electronics had 10 analyst reports since September 4, 2015 according to SRatingsIntel. FBR Capital maintained Methode Electronics, Inc. (NYSE:MEI) on Tuesday, December 5 with “Buy” rating. The firm earned “Outperform” rating on Friday, March 3 by FBR Capital. Robert W. Baird maintained Methode Electronics, Inc. (NYSE:MEI) on Thursday, September 21 with “Buy” rating. The rating was upgraded by Craig Hallum on Friday, September 4 to “Buy”. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 16 report. The stock of Methode Electronics, Inc. (NYSE:MEI) has “Hold” rating given on Friday, September 2 by Craig Hallum. The firm has “Outperform” rating by Robert W. Baird given on Friday, June 24. The rating was maintained by Robert W. Baird on Friday, June 23 with “Buy”. As per Friday, December 9, the company rating was maintained by FBR Capital.

Investors sentiment decreased to 1.1 in 2017 Q2. Its down 0.19, from 1.29 in 2017Q1. It turned negative, as 15 investors sold Ply Gem Holdings, Inc shares while 35 reduced holdings. 13 funds opened positions while 42 raised stakes. 20.31 million shares or 1.52% more from 20.00 million shares in 2017Q1 were reported. Fmr Ltd Liability invested 0% in Ply Gem Holdings, Inc (NYSE:PGEM). Gsa Limited Liability Partnership holds 0.01% or 10,610 shares. Clarivest Asset Ltd Liability Corporation accumulated 18,546 shares or 0.01% of the stock. Bnp Paribas Arbitrage owns 2,703 shares for 0% of their portfolio. State Teachers Retirement invested in 0% or 1,900 shares. Secor Cap Advsrs Lp owns 111,380 shares for 0.18% of their portfolio. Manufacturers Life Insurance Co The stated it has 19,016 shares. Driehaus Cap Lc has invested 0.14% in Ply Gem Holdings, Inc (NYSE:PGEM). Schwab Charles Investment Mgmt holds 266,172 shares. First Trust Advisors Lp has 117,089 shares. Nationwide Fund Advsrs stated it has 0% in Ply Gem Holdings, Inc (NYSE:PGEM). Pzena Inv Ltd Liability Company owns 0.08% invested in Ply Gem Holdings, Inc (NYSE:PGEM) for 859,716 shares. Paradigm Capital Mgmt Inc Ny has 961,681 shares for 1.55% of their portfolio. Malaga Cove Capital Ltd Limited Liability Company, a California-based fund reported 113,475 shares. Amer Int Group Inc has 13,766 shares.

Ply Gem Holdings, Inc., together with its subsidiaries, makes and sells residential and commercial building products primarily in the United States and Canada. The company has market cap of $1.24 billion. The firm operates in two divisions, Siding, Fencing and Stone; and Windows and Doors. It has a 14.25 P/E ratio. The Siding, Fencing and Stone segment offers vinyl siding and skirting, steel siding, vinyl and aluminum soffit, aluminum trim coils, cellular PVC trims and moldings, J-channels, wide crown moldings, window and door trims, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, vinyl fences, vinyl railings, and stone veneer products, as well as injection molded designer accents, such as shakes, shingles, scallops, shutters, vents, and mounts.

The stock increased 0.28% or $0.05 during the last trading session, reaching $18.05. About 271,184 shares traded or 45.15% up from the average. Ply Gem Holdings, Inc (NYSE:PGEM) has risen 22.22% since December 8, 2016 and is uptrending. It has outperformed by 5.52% the S&P500.

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company has market cap of $1.52 billion. The firm operates through four divisions: Automotive, Interface, Power Products, and Other. It has a 16.83 P/E ratio. The Automotive segment offers electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.

The stock decreased 9.01% or $4.1 during the last trading session, reaching $41.4. About 727,918 shares traded or 254.93% up from the average. Methode Electronics, Inc. (NYSE:MEI) has risen 40.98% since December 8, 2016 and is uptrending. It has outperformed by 24.28% the S&P500.

Analysts await Methode Electronics, Inc. (NYSE:MEI) to report earnings on December, 14. They expect $0.63 EPS, down 4.55% or $0.03 from last year’s $0.66 per share. MEI’s profit will be $23.19 million for 16.43 P/E if the $0.63 EPS becomes a reality. After $0.60 actual EPS reported by Methode Electronics, Inc. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.